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Crazy Snacks Limited (SME)

Minimum Investments
₹2,34,000
Price Range
₹39 - ₹42
Issue Size
₹31.47 Cr
Lot Size
3000shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 3000 shares after listing.
Proceeds of this IPO to be used for
Funding capital expenditure requirements towards purchase of machinery, equipments and infrastructure enhancement in their existing manufacturing facility
Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company
General corporate purposes
Strengths & Weaknesses
Diverse product portfolio

The company offers a wide range of bakery and snack products, including bread, buns, rusks, namkeen, chips, popcorn, and fries, with over 297 products across affordable price points. Through its brands and subsidiary operations, it caters to diverse consumer preferences by providing quality, value-driven products for everyday consumption across North India

Quality

The company leverages modern technology, advanced manufacturing equipment, and rigorous quality control processes to ensure consistent product quality and production efficiency. Its commitment to quality is supported by certifications and registrations such as ISO 22000:2018, FSSAI, and Legal Metrology, ensuring compliance with food safety, packaging, and labelling standards

Innovative recipes & flavours

The company focuses on continuous product innovation by refining recipes and developing distinctive flavours that align with evolving consumer preferences and market trends. Its emphasis on quality, creativity, and a diverse product portfolio helps strengthen customer loyalty, enhance brand recognition, and maintain a competitive position in the FMCG bakery and snacks segment

Competition

The company operates in a highly competitive FMCG market with the presence of both organised and unorganised players, including domestic and multinational brands. Increased competition, pricing pressures, higher marketing expenditure, changing consumer preferences, and the expansion of competitors could adversely affect its market share, profitability, and overall business performance

Inventory management risk

The company’s bakery and snack products are semi-perishable in nature, with shelf lives ranging from 15 to 90 days, making effective demand forecasting and inventory management critical. Any mismatch between production and customer demand could lead to excess inventory, product wastage, increased costs, and adversely affect its business, financial condition, cash flows, and profitability

Regulatory risks

The company’s manufacturing operations are subject to various food safety, environmental, and other regulatory requirements. Any failure to obtain, maintain, or comply with applicable licences, approvals, and regulations could result in penalties, legal proceedings, suspension of operations, or cancellation of licences, which may adversely affect its business, financial condition, cash flows, and results of operations

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Mar 2024Y/Y Change
Operating Revenue127.59+43.15%
Other Income1.48+3,600.00%
Total Income129.08+44.76%
Total Expenditure121.88+44.39%
EBIDT16.24+43.97%
Depreciation4.95+59.68%
Interest4.10+19.53%
Tax1.63+33.61%
Net Profit5.32+50.28%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2024
Total Current Assets49.15
Total Non-Current Assets36.75
Fixed assets35.05
Total Assets85.90
Total Current liabilities37.42
Total Non Current Liabilities17.23
Total Equity Plus Liabilities85.90
Total Shareholder Funds31.12
Total Debt to Equity145.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2024
Cash from Operating Activity11.76
Cash from Financing Activities-7.03
Cash from Investing Activities-9.19
Net Cash Flow-4.45

About the Company

Crazy Snacks was incorporated on December 13, 1995. The company offers a diverse portfolio of bakery and snack products, including bread, buns, cakes, rusks, namkeen, chips, popcorn, and potato sticks, catering to a wide range of consumer preferences. With an extensive product range across affordable price points and a strong presence in North India, it focuses on delivering quality and value to everyday consumers

Promoter
Navin Kumar Agarwal
Promoter
Upma Agrawal

FAQs for Crazy Snacks Limited IPO

Bidding Closed
Listing Date: 03 Jul 26